Bilt 2.0 transition: Regularly requested questions, answered

It has been a busy few weeks for Bilt … and for many who are attempting to be taught in regards to the up to date program and comply with together with a number of the quick-paced information and pivots that got here with it.

The corporate generated a ton of buzz with the announcement of its Bilt 2.0 bank card merchandise on Jan. 14 — the Bilt Palladium Card, Bilt Obsidian Card and Bilt Blue Card.

However there was additionally rather a lot to absorb, and a few adjustments alongside the best way, so we have obtained many questions on the playing cards, the gives, this system and extra.

Whereas there are issues we do not know fairly but, we wished to reply as many lingering questions as we may about Bilt 2.0, the playing cards and extra forward of Saturday’s formal activation.

Bilt welcome bonus FAQ

When is my new Bilt 2.0 bank card prepared to make use of?

You’ll be able to activate your new Bilt Card beginning Saturday, Feb. 7. When you attempt to activate earlier than then, it would doubtless provide you with an error message.

When you’re an present cardholder transitioning to a brand new Bilt Card, you’ll have obtained a latest e mail with the next extra data:

“Your card improve will happen between 12:00 a.m. ET and 11:00 a.m. ET on 2/7. Whereas your card is transitioning, purchases made together with your Bilt Mastercard could also be declined. We’ll ship you a message as soon as the transition is full.”

What if I haven’t got my bodily card by Feb. 7?

Most individuals who utilized quickly after Bilt 2.0 rolled out ought to have their bodily card in hand by Saturday, however should you do not, you will nonetheless be capable to use a digital card or add the cardboard to your cellular pockets to take a look at utilizing a platform like Apple Pay.

How do I do know if I certified for TPG’s unique supply?

When you utilized via TPG’s hyperlink on a TPG web page promoting the unique supply through the qualifying interval (midday EST on Jan. 14 via midday EST on Jan. 15) and had been finally accredited for the cardboard, you need to be eligible.

Bilt has instructed us it would ship affirmation emails to everybody who certified no later than Friday, Feb. 6.

How does the TPG supply work?

For many who received in on the TPG-exclusive supply, for all three of Bilt’s new bank cards, you will earn a complete of 5 Bilt Factors for each greenback you spend on nonhousing purchases for 5 days beginning Saturday, Feb. 7. This is applicable to as much as $10,000 in whole purchases (for a complete of fifty,000 bonus factors).

Notice that this isn’t 5 extra factors per greenback spent; it is 5 whole factors per greenback spent. Nonetheless, it’s along with the usual welcome bonus on the cardboard.

For instance, to illustrate you had been accredited for the Bilt Palladium Card via TPG’s hyperlink. You will earn the next:

• First 5 days: 2 factors per greenback spent on on a regular basis purchases plus an extra 3 factors per greenback spent with TPG’s unique supply, for a complete of 5 factors per greenback spent (as much as 50,000 factors)
• After the primary 5 days: 2 factors per greenback spent on on a regular basis purchases
• On the primary of every month: 4 factors per greenback spent as much as 1,000 bonus factors (Bilt is sustaining the double-points a part of its month-to-month Lease Day promotions)
• Welcome bonus: 50,000 bonus factors and Gold elite standing after $4,000 of nonhousing spending within the first three months, plus $300 in Bilt Money whenever you apply and are accredited (as much as $100 of Bilt Money earned rolls over to the subsequent yr)

Nonetheless, this bonus-earning price would not apply to hire or mortgage funds, and the full phrases exclude a lot of particular transactions — together with tax funds, money advances, cash orders and pay as you go present playing cards.

When does the TPG-exclusive supply begin?

For many who received in on TPG’s unique supply, the five-day clock on the spending begins on Feb. 7. That is true even should you do not activate your card on that day or if, for no matter purpose, you do not have the bodily card out there, as you possibly can nonetheless use the cardboard nearly, by way of Apple Pay, and many others.

So prepare to begin profiting from these 5 days!

Bilt housing FAQ

How will my hire or mortgage funds be made via Bilt?

If you would like to earn Bilt factors in your hire or mortgage, you will need to make your housing cost via Bilt’s platform. These funds will likely be debited immediately out of your linked checking account by way of automated clearing home, or ACH.

Those that beforehand held the Wells Fargo Bilt Mastercard® could recall that hire funds had been made in opposition to their credit score line. This allowed them to probably “float” hire prices and defer housing funds till they paid off their card assertion.

The knowledge for the Bilt Mastercard has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

With the brand new Bilt 2.0 bank cards, that is now not an possibility.

So, you will must have your full housing cost in your checking account earlier than you make the cost via Bilt.

And, as a result of hire and mortgage funds at the moment are made via an ACH, these prices will now not go in opposition to your credit score restrict with a brand new Bilt 2.0 card.

Do I’ve to pay my hire or mortgage via Bilt?

No. Even should you maintain a Bilt Card, you don’t have to make your housing funds via the Bilt portal.

You should use your Bilt Card for all of your on a regular basis purchases and pay hire or mortgage utilizing every other technique.

When do I must determine on a housing rewards incomes construction?

The 2 choices for structuring your housing rewards are:

• Versatile Bilt Money possibility: Redeem Bilt Money to unlock Bilt factors in your housing cost on the following price: $30 in Bilt Money equals incomes 1 level per greenback on $1,000 of your housing cost (sustaining the power to earn 4% Bilt Money on all nonhousing purchases)
• Housing-Solely (no Bilt Money possibility): Earn Bilt Factors routinely in your housing funds every billing cycle based mostly on how a lot you spend on on a regular basis purchases together with your Bilt Card (forgoing the power to earn 4% Bilt Money on all nonhousing purchases). The variety of factors you earn depends upon how a lot on a regular basis spending you do in comparison with your month-to-month housing cost throughout that billing cycle.

You’ll be able to change your incomes construction till the final day of the relevant billing cycle, with the change taking impact on the primary day of the subsequent billing cycle. You will be defaulted into the primary possibility that awards Bilt Money should you do not make a selection.

To be taught extra about these incomes constructions, learn our full article on incomes housing rewards via Bilt.

Can I take advantage of my Bilt Card for purchases outdoors of housing?

Sure, and we suggest utilizing your card to gather Bilt factors and Bilt Money (should you decide to earn it) in elevated bonus-earning classes.

Can I nonetheless use my Alaska Atmos Rewards playing cards to earn 3 factors per greenback spent on hire by way of Bilt?

Sure, you possibly can nonetheless earn 3 Atmos Rewards factors per greenback on hire funds of as much as $50,000 per yr with the Atmos™ Rewards Ascent Visa Signature® bank card or Atmos™ Rewards Summit Visa Infinite® Credit score Card. Utilizing these playing cards for hire funds will incur a 3% transaction price. Notice that these playing cards can be utilized for hire funds, however not for mortgage funds.

Can I nonetheless use my United cobranded card to earn 2 miles per greenback spent on hire by way of Bilt?

Sure, if you’re an eligible United cardholder, you possibly can earn 2 MileagePlus miles per greenback spent on hire funds of as much as $50,000 per yr. Utilizing an eligible United card for hire funds will incur a 3% transaction price. Notice that these playing cards can be utilized for hire funds, however not for mortgage funds.

Incomes rewards FAQ

When will I earn my Bilt Card’s welcome supply?

This depends upon the cardboard you chose.

• Bilt Palladium Card: Earn 50,000 Bilt factors and Gold standing after spending $4,000 on on a regular basis purchases within the first three months of card membership. Plus, obtain $300 in Bilt Money whenever you apply and are accredited.
• Bilt Obsidian: Obtain $200 in Bilt Money whenever you apply and are accredited.
• Bilt Blue: Obtain $100 in Bilt Money whenever you apply and are accredited.

When you chosen the Bilt Palladium, your three-month interval to fulfill the spending requirement for the bonus factors and the Gold elite standing begins Feb. 7. The Bilt Money portion of the supply ought to publish to your account Feb. 7. The opposite two playing cards will earn their welcome gives Saturday.

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Not a member? Be a part of Bilt Rewards now to begin incomes and redeeming Bilt factors.

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If in case you have the Bilt Palladium Card, it comes with not solely the Bilt Money from the welcome supply, but in addition one other $200 in annual Bilt Money, which will likely be deposited into your account on Feb. 7. Meaning Palladium cardholders can have a complete of $500 in Bilt Money of their account on Saturday.

How do I earn and redeem Bilt Money?

Along with any welcome bonus Bilt Money, with the Bilt 2.0 bank cards, you possibly can earn 4% Bilt Money on all on a regular basis purchases (so long as you do not go for tiered earnings for housing funds; in that case, you forgo incomes Bilt Money on on a regular basis purchases).

Bilt Money is a totally completely different foreign money from Bilt factors, which TPG’s February 2026 valuations place at 2.2 cents apiece. Bilt Money can be utilized in some ways, and as much as $100 earned will roll over to the subsequent yr. Along with utilizing it to unlock incomes factors on hire or mortgage funds, a few of our favourite makes use of embrace:

• Level accelerator: Earn 1 further level per greenback spent on on a regular basis purchases made with the Obsidian and Palladium playing cards, for the subsequent $5,000 in spending following activation. This selection prices $200 in Bilt Money. One activation expires after $5,000 in spending or on the finish of the yr (whichever comes first). You should use Bilt Money for as much as 5 activations every year.
• Blade credit: Redeem as much as $350 in Bilt Money per seat, on as much as two bookings per yr. Out there beginning March 1.
• Unlock larger switch bonuses: Use Bilt Money to unlock one tier larger on Lease Day switch bonuses. For instance, Gold members can unlock Platinum-level bonuses with this redemption. Platinum members can unlock an extra enhance as properly. One instance prices $75 in Bilt Money to unlock the next switch bonus, however the prices related to these redemptions are topic to alter.

To be taught extra about this foreign money, learn our full information to Bilt Money.

When can I begin redeeming Bilt Money for issues like incomes an additional level per greenback on Bilt Playing cards?

Bilt Money welcome gives will likely be deposited into cardholders’ accounts on Feb. 7 and may be redeemed that very same day.

Does level accelerator stack whereas incomes a welcome bonus?

When you redeem your Bilt Money for the purpose accelerator possibility, it would rely towards the spending you do whereas pursuing your welcome bonus. Nonetheless, it is not going to be stackable with TPG’s supply. If a cardholder has each TPG’s supply and level accelerator activated, they’ll earn the 5 factors per greenback spent from TPG’s bonus, because it’s larger.

Current cardholder FAQ

Do I must replace my digital pockets or recurring funds?

So long as you accomplished the transition to a brand new Bilt 2.0 card by Feb. 1, you shouldn’t must replace your Apple Pay or Google Pay wallets. Your card quantity ought to keep the identical from 1.0 to 2.0.

Bilt additionally included extra data on the digital pockets transition in a latest e mail to present cardholders, like this one to TPG’s Carly Helfand:

“As soon as the transition is full, you possibly can start utilizing your Bilt Palladium Card with Apple Pay, Google Pay, Samsung Pockets, and different cellular wallets on 2/7. To kick begin your new rewards, you will earn an extra 3X on cellular pockets purchases via 2/10 (as much as 500 Bilt Factors).

In case your previous Wells Fargo Bilt Mastercard is already in your cellular pockets, it would routinely begin working as your new Bilt Palladium Card as soon as the improve is full. Your digital pockets could replicate the previous design, however no motion is required, and funds will nonetheless work. The cardboard artwork will routinely replace whenever you activate the bodily card.”

What occurs to my previous Bilt Card?

The Wells Fargo Bilt Mastercard stops working Feb. 6; that can be the final day you possibly can service that particular card via your Bilt account. When you opted in to Bilt’s seamless switch throughout your 2.0 software, any excellent steadiness (as much as your new credit score restrict) out of your previous Bilt Mastercard will likely be transferred to your new Bilt 2.0 card on Sunday, Feb. 8.

When you opted to shut your Wells Fargo account, your previous credit score line will likely be closed Feb. 7.

Whether or not or not you chose a brand new Bilt 2.0 card, should you didn’t elect to shut your Wells Fargo account, your Bilt Mastercard will likely be transitioned to a no-annual-fee Wells Fargo Autograph® Card (see charges and charges).

To be taught extra about this card, learn our full assessment of the Wells Fargo Autograph.

What can I do if I nonetheless have questions?

When you nonetheless have questions on your welcome supply, your card or the rest associated to Bilt 2.0, we suggest reaching out to help@biltrewards.com.

Backside line

We all know there’s been some confusion — and generally even frustration — across the launch of Bilt 2.0, together with questions in regards to the unique supply we had right here at TPG for the primary 24 hours after launch. We hope that this story has addressed no less than a few of these questions as we strategy the Feb. 7 launch date, after we all get to begin utilizing these new playing cards, incomes Bilt Money and extra.

And once more, should you utilized via our unique supply hyperlink earlier than midday EST on Thursday, Jan. 15, keep watch over your inbox, as Bilt has instructed us it is going to be sending affirmation by Friday, Feb. 6, to everybody who’s eligible to earn 5 factors per greenback spent through the first 5 days of card membership.

We’ll even have a full breakdown of how the brand new system works as quickly as all the things goes reside on Saturday, Feb. 7, so keep tuned for full particulars.

To be taught extra in regards to the new Bilt Playing cards, learn our full evaluations of the Bilt Palladium, Bilt Obsidian and Bilt Blue.

Associated: Are you eligible for a brand new Bilt Card welcome supply?